Market Cap: $3.2924T -0.700%
Volume(24h): $104.5091B -6.310%
  • Market Cap: $3.2924T -0.700%
  • Volume(24h): $104.5091B -6.310%
  • Fear & Greed Index:
  • Market Cap: $3.2924T -0.700%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$105900.232772 USD

0.34%

ethereum
ethereum

$2606.657770 USD

1.10%

tether
tether

$1.000537 USD

0.01%

xrp
xrp

$2.260494 USD

2.95%

bnb
bnb

$661.864680 USD

-0.36%

solana
solana

$155.980406 USD

-0.21%

usd-coin
usd-coin

$0.999553 USD

-0.03%

dogecoin
dogecoin

$0.194279 USD

-0.30%

tron
tron

$0.270928 USD

0.84%

cardano
cardano

$0.684186 USD

-0.73%

hyperliquid
hyperliquid

$36.737891 USD

1.82%

sui
sui

$3.260860 USD

-2.70%

chainlink
chainlink

$14.197118 USD

1.28%

avalanche
avalanche

$21.248379 USD

0.37%

stellar
stellar

$0.274422 USD

1.15%

Cryptocurrency News Articles

Is It Too Late to Buy ADA? Cardano Price Prediction

May 26, 2025 at 06:00 pm

Cardano (ADA) is starting to attract more attention after posting a 5% gain today, with its price reaching $0.7715.

Is It Too Late to Buy ADA? Cardano Price Prediction

Cardano (ADA) is starting to attract more attention after posting a 5% gain today, seeing its price reach $0.7715. Trading volume has also increased by more than 22%, signaling renewed market interest.

After months of moving inside a tight descending channel, ADA price now sits just below its 200-day moving average, a key level that traders are closely watching. So, is it too late to buy Cardano, or is the current price action a sign of something bigger on the horizon?

What the Chart and Indicators Are Saying

The daily chart shows ADA trading inside a downward-sloping channel that began in November 2024. The upper boundary has acted as a point of resistance, currently stretching from $1.25 down to around $0.95. The lower channel support has held strong in the $0.45-$0.48 zone.

Cardano (ADA) price rallied above $0.70 in early May, reaching as high as $0.85 before being rejected at the 200-day simple moving average, which now sits at $0.8219. Since then, price has pulled back slightly and is consolidating around $0.75-$0.77. While this could be a pause before a larger move, the inability to break and hold above the 200-day SMA shows that bulls still face resistance.

Support remains firm at $0.70-$0.72, with additional zones at $0.65 and $0.48 on the downside. On the upside, a breakout above $0.82 could send ADA to $0.90 or higher.

Looking at daily technical indicators: MACD is at +0.016 and flashed a buy signal, showing weak bullish momentum. CCI sits at -15.70, which is neutral, suggesting that ADA is not overbought or oversold. Ultimate Oscillator is at 51.83 and also flashed a buy signal, hinting at building upward momentum. Finally, ROC is at -5.49, a sell signal that reflects the pullback from earlier highs. Point and Figure is showing a *3* down, and Bull/Bear Power is slightly positive at +0.01, which leans bullish, though not strongly.

Cardano (ADA) Price Forecast

If ADA can push above $0.82 with strong volume, a move toward $0.90 or even $1.00 becomes possible. That would mark the first breakout from the descending channel in six months and could shift momentum in favor of bulls.

If ADA price fails to hold current support around $0.70-$0.72, the next zone to watch is $0.65. Below that, the lower trendline around $0.48 could act as a long-term support.

So, Is It Too Late to Buy ADA?

Not quite. The sharp moves from late 2024 have slowed for now, but the current setup shows ADA in a consolidation phase just below a key resistance level and a long-term moving average. For long-term holders, this could be viewed as an accumulation zone. For short-term traders, a clear breakout or breakdown may offer a better entry point. It’s not a breakout yet, but it’s also not "game over."

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 05, 2025